Ford Motor (NYSE:F) Downgraded by Jefferies Financial Group to “Underperform”

Jefferies Financial Group downgraded shares of Ford Motor (NYSE:F) from a hold rating to an underperform rating in a research note issued to investors on Monday morning, Marketbeat.com reports. Jefferies Financial Group currently has $9.00 price target on the auto manufacturer’s stock, down from their previous price target of $12.00.

Several other equities analysts also recently weighed in on F. Sanford C. Bernstein downgraded Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price on the stock. in a research report on Thursday, November 7th. Wells Fargo & Company dropped their target price on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a research report on Tuesday, September 10th. Royal Bank of Canada reiterated a “sector perform” rating and set a $10.00 target price on shares of Ford Motor in a report on Tuesday, October 29th. Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Finally, Barclays cut their price target on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a report on Tuesday, October 29th. Four research analysts have rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $11.83.

Ford Motor Price Performance

Shares of F opened at $9.99 on Monday. The stock’s 50 day moving average is $10.84 and its two-hundred day moving average is $11.30. The firm has a market capitalization of $39.68 billion, a PE ratio of 11.35, a P/E/G ratio of 1.90 and a beta of 1.62. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34. Ford Motor has a twelve month low of $9.49 and a twelve month high of $14.85.

Ford Motor (NYSE:F) last posted its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.02. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The firm had revenue of $46.20 billion during the quarter, compared to the consensus estimate of $45.13 billion. During the same period last year, the firm posted $0.39 EPS. The firm’s revenue for the quarter was up 5.5% on a year-over-year basis. Research analysts anticipate that Ford Motor will post 1.81 earnings per share for the current year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were issued a $0.15 dividend. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $0.60 annualized dividend and a dividend yield of 6.01%. Ford Motor’s dividend payout ratio (DPR) is 68.18%.

Institutional Trading of Ford Motor

A number of large investors have recently added to or reduced their stakes in F. Family Firm Inc. acquired a new stake in shares of Ford Motor during the 2nd quarter valued at $26,000. Quarry LP bought a new position in shares of Ford Motor in the 2nd quarter valued at approximately $27,000. Ridgewood Investments LLC acquired a new stake in Ford Motor in the 2nd quarter worth approximately $28,000. Kimelman & Baird LLC bought a new stake in Ford Motor during the second quarter worth approximately $30,000. Finally, Reston Wealth Management LLC acquired a new position in Ford Motor during the third quarter valued at approximately $33,000. 58.74% of the stock is currently owned by institutional investors.

About Ford Motor

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.